secwatch.observer — SEC 8-K summary
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Issuer:     Hercules Capital, Inc. (HTGC)
CIK:        0001280784
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001193125-23-202900
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hercules Capital reports record Q2 NII $0.53/share +88.6% YoY; raises quarterly base distribution to $0.40
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- Record total investment income of $116.2M (+61.2% YoY); record NII of $75.7M ($0.53/share, +88.6% YoY).
- Board increases quarterly base distribution to $0.40/share (from $0.36), plus $0.08 supplemental, total $0.48 per share.
- NAV per share rose 1.3% QoQ to $10.96; undistributed earnings spillover $148.1M ($1.02/share).
- Early loan repayments of $297.0M in Q2, up 46.7% from Q1; non-accruals reduced to one loan (0.4% of cost).
- 95.5% of debt portfolio floating-rate; 88.1% of debt borrowings fixed-rate; GAAP leverage 101.3%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1280784/000119312523202900/0001193125-23-202900-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1280784/000119312523202900/d526050d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-202900

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